Extract from second reading debate (Lords) of the Passenger Railway Services (Public Ownership) Bill - Oct 7

Tuesday, 8 October 2024 07:51

Baroness Jones of Moulsecoomb (GP):...On public ownership of the energy system to deal with the huge jump in household bills, we could end the scandal of record-high standing charges that do nothing to discourage energy use and which hit the poor really hard. Rail companies have made a good profit, but British Gas has made a tenfold profit over the last year, and the likes of BP and Shell have doubled and trebled profits. Public ownership could end those excess profits and...Request free trial